Agency: Department of Agriculture-Office of the Secretary
Description:
To provide financial assistance to producers that have experienced discrimination in the Department of Agriculture’s farm lending programs prior to January 1, 2021.
Bill Section:
22007(e)
US Code:
7 USC 2279
New or Existing:
New
Potential Cost:
$2,200,000,000
Timeline:
FY22-31
Implementation Status/Rulemaking:
On October 14, 2022, USDA published a Request for Information (RFI) on implementation of Section 22007 financial assistance for producers determined to have experienced discrimination. Comments are due November 14, 2022: Source
On March 1, 2023, USDA shared initial details on how the Section 22007 program will work. The IRA specifies this assistance must be delivered to impacted producers by nongovernmental program administrators. USDA signed contracts with three vendors: The Midtown Group, Windsor Group, and Analytic Acquisitions: Source
On July 7, 2023, USDA opened of the financial assistance application process. Applications were originally due October 31, 2023, but the deadline was later extended to January 13, 2024: Source
TCS Notes:
In addition to the combined $2.835 billion appropriated for USDA Assistance and Support for Underserved Farmers, Ranchers, Foresters in Section 22007(a)-(e), $24 million is appropriated for administrative costs.